The Finnish company has priced the phone at 50,000 rupees ($818) per unit, slightly higher than the $800 price tag in some other global markets, and far higher than its nearest competitors. Read More »

If the media premiere of Volkswagen’s first “made-for-India” sedan is anything to go by, the German auto maker is aiming high.

Reuters

The new Volkswagen’s ‘Vento’ car hangs on display from a building during its launch in New Delhi, on Tuesday.

VW lifted one Vento sedan via steel cables and then suspended it nose up in mid-air on the side of a building opposite the fancy Delhi hotel where it was hosting an event to unveil the car to assembled journalists. People waiting to catch a bus or an auto-rickshaw one of New Delhi’s busiest streets looked up to see the gleaming, dangling new car, which VW says will be sold toward the end of this year.

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